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FlowTimes - January 2009

Your Update on Flow, Temperature, and Pressure Measurement from Flow Research

Editor: Dr. Jesse Yoder; Volume 10, Number 1  - ISSN 1350-7204

Welcome to FlowTimes! As we enter the New Year, we want to be among the first to send you greetings and thank you for your support. Our team tries hard to bring you rock solid data throughout the year so you can make informed decisions, particularly in these uncertain times.

From where we sit, it’s unclear how the economic slowdown will affect the instrumentation markets, which have enjoyed growth since early 2004. We do, however, see promise for the flowmeter industry, particularly in oil & gas. We expect the drive to find new sources of energy and to get more mileage out of existing supplies will continue, despite the dramatic drop in crude oil prices.  

Our new Worldflow 2009 Pioneers of Instrumentation and Celebrity Birthday Calendar is ready to go! See below for more details. Or, go to www.flowcalendar.com to preview it, or to request your free copy.

We wish you continued prosperity and success through the end of this year and into the New Year. Please call if we can be of service – or just to say Happy Holidays!

News and events

Were you among the 11,000 attendees and 500 exhibitors at ISA EXPO 2008 in Houston ?  Flow Research was! Participants came from more than 70 countries to attend the October 14-16 event, which featured 70 conference program sessions, 17 training courses, dozens of special events and more than 100 presentations on the exhibit floor.  See our photos in the Q3 Market Barometer.

Tokimec is now Tokyo Keiki Inc. Tokimec, the first company to introduce ultrasonic flowmeters to commercial markets in 1963, restored its corporate name, effective October 1. The company has long been associated with the word and symbol “keiki,coined by the company founder to mean “instruments.” The company decided to use the term again as a rallying point in these challenging times.

Siemens and E.ON sign one of the largest wind power deals ever. The two major German companies announced that Siemens will supply 500 wind turbines with a total capacity of 1,150 megawatts (MW) to E.ON for new projects in the United States and Europe .  Find out more in the Q3 Energy Monitor.

Please give us feedback on our studies

Flow Research is working on a new market study, The World Market for Magnetic Flowmeters, 4th Edition. We have received very good feedback on study segmentation, and have incorporated this into the questionnaire.  We’re working hard to deliver this study in February 2009. You still have a chance to receive a pre-publication discount on this study. Contact Norm Weeks at 1-781-245-3200 or norm@flowresearch.com.  Visit www.flowmags.com for more information.

Flow Research is also beginning a new study on the worldwide vortex flowmeter market. This study is scheduled for delivery in May 2009, and is called The World Market for Vortex Flowmeters, 4th Edition. We plan to find out how the market has changed since the American Petroleum Institute (API) approved its standard for the use of vortex flowmeters for custody transfer applications. This approval occurred in January 2007. For more information, go to www.flowvortex.com.

The ultrasonic market is the fastest growing flowmeter market, according to a Flow Research study, The World Market for Ultrasonic Flowmeters, 3rd Edition. Ultrasonic flowmeters now account for more than 10 percent of the revenues generated by the entire worldwide flowmeter market. The market was $440 million in 2007, up from $255 million in 2002, with a projected compound average growth rate (CAGR) of 9.8% through 2012. The use of multipath ultrasonic meters for custody transfer of natural gas triggered much of this rapid market growth.  For complete information on the study, go to www.flowultrasonic.com or give us a call.

We have a bountiful crop of market studies, all published this year. Please check them out if you don’t have them already:

 

·         The World Market for Coriolis Flowmeters, 3rd Edition (www.flowcoriolis.com) (September 2008)

·         The World Market for Mass Flow Controllers (www.flowmfc.com)

·         (July 2008)

·         The World Market for Steam Flow Measurement (www.steamflows.com) (March 2008)

·         Volume X: The World Market for Flowmeters, 2nd Edition (www.floweverything.com) (April 2008)

·         The World Market for Ultrasonic Flowmeters, 3rd Edition (www.flowultrasonic.com) (January 2008)

What new studies would you like us to do? Flow Research has completed a four-year cycle of studies, including the 3rd Editions of our most popular studies and the 2nd edition of our classic study, Volume X: The World Market for Flowmeters, which looks at all types of flowmeters, including target, sonar, and optical.

In addition to the 4th edition of our highly popular magmeter study, we are also looking to bring out new editions of some of our other previously published studies. However, we want to hear from you.  What studies do you need? Here are some possible study titles, some of which clients have already suggested:

  • The World Market for Gas Flow Measurement, 2nd Edition (www.gasflows.com)
  • The World Market for Oil Flow Measurement (www.oilflows.com)
  • The World Market for Water and Wastewater Flow Measurement (www.liquidflows.com)
  • The World Market for Level Measurement (includes all technologies)
  • The World Market for Analytical Measurement
  • The Market for Temperature Sensors in the Americas , 3rd Edition (or worldwide) (www.tempflows.com)
  • The Market for Temperature Transmitters in the Americas , 3rd Edition (or worldwide) (www.tempflows.com)
  • Services in Instrumentation: A Look at Services Provided by Suppliers Together with Instrumentation
  • The World Market for Pressure Transmitters, 3rd Edition (www.worldpressure.com)

Please reply to this email with the studies you’d like us to pursue.

Offers  

Our popular Pioneers of Instrumentation Calendar is back this year! Yes, the new 2009 Pioneers of Instrumentation Calendar is ready to go. Here you will find many interesting facts, such as the birthday of Daniel Bernoulli, the date the fountain pen was invented, and the birthday of blue jeans. We have added the dates for some popular trade shows this year, including ISA and WEFTEC.

 

For this 2009 edition of the Calendar, we have added more celebrity birthdays. In fact, the full name of our calendar is the Worldflow Pioneers of Instrumentation and Celebrity Birthday Calendar, 3rd Edition. So if you like following celebrities, or just like to know how old they really, our new 2009 Calendar will answer many of these questions.

 

To preview the 2009 calendar, and to request your free copy, go to www.flowcalendar.com. We will be happy to send one right out to you.

Stay up-to-date on developments in the flowmeter and energy industries with a free trial subscription to the Worldflow Monitoring Service. Our Worldflow Monitoring Service includes quarterly reports and timely updates:

·         Market Barometer – A quarterly report on the flow, temperature, and pressure markets

·         Energy Monitor – A quarterly report on the oil & gas, refining, power, and renewables industries

·         Flash Reports – Breaking news in instrumentation and energy

·         White Papers – In-depth analysis of important issues

·         Worldflow Online – 24/7 access to market data, strategies, and past Worldflow reports going back to 2002

 

The Worldflow Monitoring Service features a website, www.worldflow.com, which serves as the launching pad for Worldflow Online. To receive a free trial subscription to this valuable service, go to www.worldflow.com and fill out the Free Trial Subscription Form, or send an email to jesse@flowresearch.com with your contact information. Please be sure to include your mailing address when requesting a free trial subscription.

 

What do you think of FlowTimes? We welcome your comments! Please send any comments or suggestions to jesse@flowresearch.com

FlowTimes is published by Flow Research, Inc.  

Editor: 

Dr. Jesse Yoderjesse@flowresearch.com 

Associate Editors: 

Belinda Burum – belinda@flowresearch.com

Norm Weeks – norm@flowresearch.com

What do you think of FlowTimes? We welcome your comments! Please send any comments or suggestions to Flow Research, or by email to jesse@flowresearch.com

 

FlowTimes is published by Flow Research, Inc.

Editor: Dr. Jesse Yoder - jesse@flowresearch.com 

 

 

Flow Research, Inc.

27 Water Street

Wakefield, MA 01880

(781) 245-3200

(781) 224-7552 (fax)

info@flowresearch.com 

www.flowresearch.com 

 

                                     

 

 

 

 

                                     Belinda Burum

 

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